Archive - Apr 23, 2012

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Global Civil Society Calls on Governments to Strengthen, Not Weaken, UNCTAD’s Role in Global Governance

Sign-on Letter with 38 International and 137 National Organizations from Across the Globe Delivered to Negotiators at UNCTAD XIII in Doha

Today, global civil society delivered a letter that calls on negotiators at the 13th quadrennial conference of the UN Conference on Trade and Development, UNCTAD XIII, to ensure that conference strengthens UNCTAD’s role on keys issues of global economic governance and financial reform.

The letter reads, in part:

Strengthen, Don’t Weaken, UNCTAD’s Role in Global Governance: Towards Sustainable and Inclusive Development, Not More Crises

Since the onset of the global financial and economic crises, UNCTAD has played an important role in identifying the key causes of the crises, assisting developing countries in seeking solutions to the impacts of the crises, and advocating for the reform of global economic and finance policies and governance in order to prevent similar crises from recurring. These are all key roles that no other multilateral economic institution has fulfilled from a development perspective.